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20 Feb 2009 16:43

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Biz, U.S.: Rick Santelli speaks (loudly) for the true fiscal conservatives

  • We’re thinking of having a Chicago Tea Party in July. All you capitalists that wanna show up to Lake Michigan, I’m organizing. We’re gonna be dumping in some derivative securities, what do you think about that?
  • Rick Santelli • CNBC analyst, on the floor of the Chicago Mercantile Exchange yesterday. He was railing against the idea of Obama’s $75 billion foreclosure plan, designed to help people from losing their homes. We have to admit that we may not necessarily agree with what he’s saying, we sure love the way he said it. It’s fun to hear him rant. • source
Posted by Ernie Smith • 0 Comments • Permalink

19 Feb 2009 20:31

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Biz, U.S.: The Dow sucked today – and then some

  • 7,552 its closing number today, a bear-market low source
Posted by Ernie Smith • 0 Comments • Permalink

19 Feb 2009 10:53

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Biz, World: R. Allen Stanford’s massive fraud extends worldwide

Posted by Ernie Smith • 0 Comments • Permalink

18 Feb 2009 10:52

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Biz, U.S.: Obama’s got a plan to prevent foreclosure

  • $75 billion will be set aside in the Homeowner Affordability and Stability Plan, to be announced today source
Posted by Ernie Smith • 0 Comments • Permalink

18 Feb 2009 10:11

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Biz: But what does this mean for Hummer stretch limos?

Hummer is one of three GM brands on the chopping block. Wanna buy it? It’s going cheap. source
Posted by Ernie Smith • 0 Comments • Permalink

18 Feb 2009 09:51

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Biz, U.S.: So, builders are building fewer houses. Who saw that coming?

  • 17% dip in housing starts in January – that’s a record source
Posted by Ernie Smith • 0 Comments • Permalink

17 Feb 2009 23:31

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Biz: Hey look kids, another alleged ponzi scheme!

  • $8
    billion     the total alleged losses by Stanford International Bank, according to the Securities and Exchange Commission source
Posted by Ernie Smith • 0 Comments • Permalink
 

17 Feb 2009 21:08

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Biz, U.S.: General Motors has a plan, and that plan is drastic

  • 47,000 job cuts for the automaker, who will have to have their pampered senior executives make the cars at that rate source
Posted by Ernie Smith • 0 Comments • Permalink

17 Feb 2009 10:35

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Biz: Donald Trump’s company is doing so bad, he fired himself.

Trump Entertainment filed for bankruptcy today. Plus, he resigned from the board. source
Posted by Ernie Smith • 0 Comments • Permalink

17 Feb 2009 10:09

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Biz: Sirius XM gets a lifeline at the last second

  • $530 million was invested in the satellite radio service by Liberty Media source
Posted by Ernie Smith • 0 Comments • Permalink
 
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